04:05 Issue 5

04:05

ISSUE 5

One of the scariest aspects of workforce compliance is the potential cost of getting it wrong. Businesses must understand that compliance is an ongoing commitment, not a one-off task. From steep fines to reputational harm, non-compliance can have long-lasting and damaging effects on a business. Beyond financial penalties, the damage to a company’s reputation can be even more difficult to recover from, eroding trust with clients, employees, and the wider public. With Halloween approaching, now is the perfect time to assess whether these spooky signs for Australian employers may be lurking in your own business. By taking a proactive approach and identifying and addressing risks early, you can mitigate them from accumulating in the future. Conduct regular reviews to identify and address potential issues before they escalate, partner with compliance experts or consultants or even consider how compliance technologies like Yellow Canary can help.

Author Kirsty Martin

Kirsty Martin - Head of Customer at Yellow Canary - is an expert in Australian payroll compliance. With over 15 years of experience in payroll operations, Kirsty is passionate about solving compliance problems using automation technology, compliance expertise, and effective relationship building.

Prior to joining Yellow Canary, Kirsty was a leader in payroll compliance, services, and operations. She later moved into consulting at a Big 4 firm, advising on end- to-end payroll optimisation for some of Australia’s leading brands in finance, manufacturing, and FMCG.

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